Tag: FL

Flexible Spending Account means:a plan under which employees may make tax-free salary-reduction contributions to a medical or dependent care reimbursement plan, or for the purchase of group health insurance or life insurance coverage on a pretax basis. See also other Tax Terms and […]

Flower Bond means:a type of U.S. government bond that, regardless of its cost price, is acceptable at par value in payment of estate taxes if the decedent was the legal holder at the time of death; also called a deathbed bond. Bonds issued after March 3, 1971, are not acceptable in payment of es…